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A 7 percent bond has a yield to maturity of 6.75 percent, 10 years to maturity, a face value of $1,000, and semiannual interest payments. What is the amount of each coupon payment?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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